Crescent Point Energy Corporation (NYSE:CPG) Went Up 3.6%, And Here’s Why

For its latest trading sesion, Crescent Point Energy Corporation (NYSE:CPG) spiked up by 3.6% – here is what that looked like (as of 2019-12-24):

What’s the reason for these moves? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.093, an Accumulation/Distribution Index (ADI) of 0.093, an On-Balance Volume (OBV) of 108.05, and a Chaiikin Money Flow (CMF) of -4.15. 1.0

Now let’s take all these indicators into account. According to Trading View, putting it all together gets the following:

So when putting all the technical indicators together, this is what you get. That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.